Condo34 New Launches Most Likely To Have Developer Discounts

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  • May 16, 2020
  • 4 min read
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Sean

Sean has a writing experience of 3 years and is currently with Stacked Homes focused on general property research, helping to pen articles focused on condos. In his free time, he enjoys photography and coffee tasting.

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Kelvin
Kelvin

Hi Sean, saw Daintree in the list with 23% margin and was wondering what about View at Kismis which is selling around 1650psf. Any views on this project? Appreciate it.

Choo Ting
Choo Ting

Hey Sean thanks for the list. I’ve been looking at Meyer Mansion for some time (> 14 floor) but pricing is a little too high. Saw that the take-up rate quite low and the margins quite high, any thoughts on this project? Thanks.

Tan
Tan

Hi Choo Ting, indeed Meyer Mansion has been priced higher (avg $2800 psf) due to its proximity to the city centre. A more affordable and ready alternative would be Coastline Residences which is in the ballpark of $2500psf and will achieve TOP status earlier in end-2022 (vs 2024 for MM). Kindly contact me at 88036257 for more information.

Oliver
Oliver

Any chance of Dairy Farm Residences having discounts soon? Have been eyeing this for a while. Thanks.

Chan Terry
Chan Terry

Hi Sean, I saw the markup % for Jadescape is more than 30%. What is your view on the appreciate over the next few years? Is the selling price tomorrow price?

Jen
Jen

Interested to hear your view too. Thanks!

Andrew
Andrew

Any chance Parc Clematis will have discounts? What are your thoughts on this project?

John
John

Hi Sean, whats your opinion on Penrose and Clavon, which one do you think is a better buy and why ??
Sincerely appreciate your kind sharing.

David
David

Thanks Sean. I didn’t see JadeScape in this list while i thought their estimated margin is high. Any reason?

Lyndy Mok
Lyndy Mok

Hi Sean, do you think we should not buy now, wait for developer discount?

Georgina
Georgina

Do you think there’ll be discounts for Leedon Green? The margin seems pretty low and they launched not long ago..

Tan
Tan

Hi Georgina, the developer has an ongoing promotion for selected units (different unit types, mid-floor and below) with a discount of about 2%. However, do note that when purchasing new condo developments, you will always get the best price when you buy it during the launch phase (and within a year of launch). At the same time, you have a bigger pool of units to shortlist and ultimately choose. You may have seen some developers offering say 5% discount for a development some years after launch but do not forget the earliest buyer had already bought them say 8-10% lower.… Read more »

David
David

Hey Sean,

I’m sorry if I miss it, but did you also do a list on projects approaching their 5 years time limit with good num of inventory left to sell?

Seet
Seet

Sean would Fourth Ave do you think there’d be any more discounts soon? Thanks

Victor Lim
Victor Lim

hi Sean, what is your opinion on Penrose? and any potential National Day discounts from developers?

KC
KC

Hi Sean,

What’s your view on The Gardens Residences?

Lin
Lin

Hi Sean, may i get your views on Pullman Residences? Thanks

Mark
Mark

Hi Sean, I was looking at the Hillview area when I cam across your article. Able to share more thoughts on the expected pricing trends for projects like Midwood, Dairy Farm Residences and Daintree residences? Thanks!

Moch
Moch

Hi Sean, can I get your opinion on whether Penrose or Forrett is a better buy? Am a young working couple

Arielle Nemo
Arielle Nemo

Great post and thanks for sharing.Fascinating information I haven’t experienced such information in quite a long time. Keep blogging.

kenny
kenny

hi Sean,

i would like to ask your opinion on Forett. what do you think about this project? any capital gain in the next 10 years or more?

also, i realized that it is the biggest freehold project in 20/21 and how does that position Forett against other freehold properties in the region?

Stacked Homes
Stacked Homes

Hey Kenny, these are really good points you’ve raised! We think the pricing is a bit bullish in the current market and for an outskirt project. Demand may prove otherwise if secondary market deems it fit. But from where we stand, we think the prices will remain relatively suppressed compared to overall prices in Singapore in the next 10 years.

kenny
kenny

thank you.

what about my second question? ๐Ÿ˜‰

Stacked Homes
Stacked Homes

Hey! When you say region, do you mean in district 21, or just generally around the area?

Alvin
Alvin

Dear Sean,

The current selling price for TREASURE@TAMPINES at S$1,350 psf as stated in your STACKED HOMES is not correct. I rang the agent and she said there is a range of prices from the lowest to the highest floor. Hence, you may state the psf is from ………or insert in the psf for every level. I did a quick calculation and noticed the total price difference can soar to S$100,000 for some levels.

It is appreciated if accurate information is provided and this also enhances the creditability of STACKED HOMES.

Thanks

Alvin

Stacked Homes
Stacked Homes

Hey Alvin! Thank you for your suggestion. We’ve edited it to show it as an estimate as a more accurate depiction than a fixed price. We’ve been trying to find a better way to display more timely and accurate prices as well. Prices are prone to changes at short notice and their availability at those prices may not last too, so we’ll be on the lookout on how we can improve this. Thank you!

Lin
Lin

Hi Sean, what are your thoughts on Nyon?

Tan
Tan

Hi Sean, don’t see anyone talking about the Linq, any thoughts on the $2.2K-$2.3K entry price at Beauty World area?

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